The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.5%
PassDebt under half of equityNot relying on borrowed money.0.06x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.7.9%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$192.0M
PassShare count not growingNot diluting owners. Falling means buybacks.+0.2% in 3 years
Revenue
$1.3B
+12.8% vs prior year
5-year growth
+8.4%/yr
revenue, per year
Total debt
$50.0M
0.06x equity
Free cash flow
$192.0M
15.2% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$325.7M
+3.0% YoY
EPS
$2.36
vs $1.95
Free cash flow
$37.7M
Share count
-1.5%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.8%
Institutions added 0.8% to their holdings. 105 bought, 96 sold. 2 quarters of net buying in a row.
Shares held by institutions12.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $50.0M debt
Shares outstandingLatest reported
15M
Earnings reports
Last 12
Next reportIn 6 days (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 25
Results filedNov 3, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days